SHANGHAI China is unlikely to see a repeat of the market turbulence similar to that of June 2013 as the risk of another liquidity crisis was currently low, the state-run Financial News newspaper said on Saturday. The newspaper, which is affiliated with the ... ( read original story ...)
Is China’s Stock Market About To Go Gangbusters?
Once the A-shares are included, it opens up an entire market for investment bank research into the stocks listed in the index. This is a global investment banker’s dream, especially the big boys with Asian branches. The Shanghai Stock Exchange is the ... ( read original story ...)
IPO reform a test of Chinese regulator’s resolve
The most important thing to do is drastically reform the IPO mechanism. The planned reform is sort of being forgotten Zhang Qi, analyst, Haitong Securities The regulator has given the go-ahead to about 200 listing applicants to raise funds on the Shanghai ... ( read original story ...)
WuXi Won’t Make Hong Kong IPOs Hot
Guotai Junan Securities Co., for example, placed about half its IPO with cornerstone investors and the Shenzhen and Shanghai governments. WuXi Biologics has an advantage in that it makes biopharmaceuticals, drugs that use live substances and that are ... ( read original story ...)
Shanghai’s blue chip rally shows no signs of fading
The rally among Shanghai blue-chips will likely continue as earnings improve, whereas the valuations of smaller-caps will remain pressured by the ongoing financial crackdown, according to Shenwan Hongyuan. “A simultaneous rise in risk-free interest rates ... ( read original story ...)
Beijing’s financial crackdown puts Hong Kong shares way ahead of mainland peers
and Air China’s Shanghai tranche trades at a 49 per cent price premium. The performances of the two markets have diverged more since April after top policy makers introduced a raft of measures to clean up the financial sector. In a Politburo meeting ... ( read original story ...)
China’s credit expansion cooled in May amid crackdown on shadow banking, analysts say
“There has been a clear trend of diminishing shadow banking,” said Chen Ji, a senior researcher at Bank of Communications in Shanghai. “Banks’ credit expansion is very likely to slow down amid Beijing’s drive to reduce leverage among the ... ( read original story ...)